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The Growing Importance of Inventories outside OECD Countries and Implications for the Oil Market

Martin Tallett presented on the Third IEA-IEF-OPEC Symposium on Energy Outlooks in Riyadh, January 22, 2013. His analysis reviewed how present and future non-OECD petroleum stocks data can be estimated using currently available – mainly OECD – data. He also discussed how expansions in the refining sector will affect future stock levels.

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